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Pick a topic (price elasticity, supply/demand equilibrium, etc)

Questions and Topics We Can Help You To Answer:

Pick a topic (price elasticity, supply/demand equilibrium, etc) 

Then research 2 instances and compare and contrast.  Explain why that economic theory was not adhered to or why it was.  Explain the outcome.  Give examples.

In medicine the demand always exceeds the supply.  In FL the demand is seasonal.  So, is FL in equillibrium all year long or only in the winter.  Why or why not?  

If you lower the price of your product will it always increase demand?  Why or why not? Give examples.


93 Words  1 Pages
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